Dave Ramsey Says These Are the 14 Best Cities To Retire in the United States

Heather Taylor

3 February 2024 at 2:01 pm·3-min read

Planning to retire soon and aren’t sure which city you should spend this next chapter in? Money expert Dave Ramsey has a few city suggestions for soon-to-be retirees.

In determining what makes a good city for retirement, Ramsey highlighted several key factors in a post on Ramsey Solutions. Some of the most common factors include tax rates and housing costs for homeowners and renters. See if you agree with his picks for the best U.S. cities for retirement.

Learn More: 8 Ways Baby Boomers Become Poor in Retirement
Find Out: 3 Ways To Recession-Proof Your Retirement

Lancaster, Pennsylvania

Taxes: No tax on income from pensions and Social Security benefits
Median Home Price: $226,500
Median Monthly Rent: $1,050

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Pensacola, Florida

Taxes: No state income tax
Median Home Price: $200,800
Median Monthly Rent: $1,046

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Naples, Florida

Taxes: No state income tax
Median Home Price: $345,000
Median Monthly Rent: $1,374

Asheville, North Carolina

Taxes: No tax on income from Social Security
Median Home Price: $278,750
Median Monthly Rent: $953

Discover: 10 Places To Retire That Are Just Like Arizona but Way Cheaper

Sarasota, Florida

Taxes: No state income tax
Median Home Price: $387,600
Median Monthly Rent: $1,259

SeanPavonePhoto / Getty Images/iStockphoto

Harrisburg, Pennsylvania

Taxes: No tax on income from pensions and Social Security benefits
Median Home Price: $298,800
Median Monthly Rent: $970

Read: 11 Signs You Will Be Able To Live Off Your Retirement Nest Egg

Ann Arbor, Michigan

Taxes: Social Security benefits are not taxed
Median Home Price: $270,600
Median Monthly Rent: $1,161

Daytona Beach, Florida

Taxes: No state income tax
Median Home Price: $339,100
Median Monthly Rent: $1,127

View: All the States That Don’t Tax Social Security

Charleston, South Carolina

Taxes: Social Security benefits are not taxed
Median Home Price: $448,600
Median Monthly Rent: $1,197

Nashville, Tennessee

Taxes: No state income tax
Median Home Price: $445,360
Median Monthly Rent: $1,135

Austin, Texas

Taxes: No state income tax
Median Home Price: $504,270
Median Monthly Rent: $1,326

Lakeland, Florida

Taxes: No state income tax
Median Home Price: $304,270
Median Monthly Rent: $1,014

Find Out: What Is the Average Social Security Benefit at 65?

Dallas-Fort Worth, Texas

Taxes: No state income tax
Median Home Price: $394,400
Median Monthly Rent: $1,188

Melbourne, Florida

Taxes: No state income tax
Median Home Price: $217,400
Median Monthly Rent: $1,111

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This article originally appeared on GOBankingRates.com: Dave Ramsey Says These Are the 14 Best Cities To Retire in the United States

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